Replies to post #4129 on Gold Resource Corp (GORO)

[Neverhadawinner]

Dear Professor,

Instead of asking a question of the CEO that could be considered "marketing the company during a quiet period", let me suggest the following analysis using the framework provided by Seeking Alpha.

Fortitude mined about 13,000 ounces of gold in the fourth quarter. I would suspect the average sale price around $1,800 per ounce. There are about 22,000,000 million shares outstanding. So the math would be:

13,000 ounces of gold X $1,800 per ounce times 4 quarters divided by 22,000,000 shares.

The answer would be around: $4.25 market value per share.

Now you always have the option to email the CEO at Fortitude Gold Corporation if you feel my analysis is off base.

Be safe and well my friend.